A year ago, I wrote about buyers starting to come back to the Four Seasons. At the time, 13 condos had sold over the previous 12 months with another three under contract. After a stretch where listings could sit for a while, buyers were starting to work through the inventory.
In that update, I called the Four Seasons an underrated Chicago building that was finally finding its momentum. A year later, I think that story has become even more interesting. Buyers kept buying, and there is now very little publicly available inventory at 132 E Delaware.
Over the last three months, three more condos have sold. #5906 closed at $1.575 million, #5106 at $1.9 million and #6306 at $1.95 million. All three were 3 bedrooms. Today, only one condo is publicly listed for sale in the building.
For me, that’s the story heading into Q4. Buyers are looking at the Four Seasons again, and there isn’t much left to buy.
Where the Sales Happened
The three recent sales were all 3-bedroom condos, but there was still a fairly wide range in pricing. #5906 sold for $1.575 million, #5106 sold for $1.9 million and #6306 sold for $1.95 million. #6306 also included two parking spaces.
That $375,000 spread between the lowest and highest sale is a good reminder of why I don’t like looking at the Four Seasons as one market based solely on bedroom count or price per square foot. Floor, view, condition, parking and ceiling height can all make a meaningful difference here. Two condos that look fairly similar on a listing sheet can feel very different when you actually walk through them.
Buyers Are Looking at the Four Seasons Again
I think this is the more interesting part of what has happened at 132 E Delaware. The Four Seasons spent several years competing for attention with a wave of newer luxury buildings around Chicago. St. Regis, One Bennett Park, Tribune Tower and other newer developments gave buyers a lot of new options, while the Four Seasons had inventory that could sit.
The building itself didn’t suddenly change. The layouts are still generous, the location above 900 North Michigan is hard to replicate, and owners have the Four Seasons Hotel downstairs along with the shopping, dining and convenience of the surrounding Gold Coast. What seems to be changing is the way buyers are looking at it.
There can also be compelling value here compared with some of Chicago’s newer luxury buildings, particularly for a buyer who prioritizes space, location and service over having the newest product. I wrote more about the experience of the building in What Hotel-Branded Living Feels Like at Four Seasons.
Above 60 Is Different
One thing buyers should understand when comparing condos at the Four Seasons is the difference once you reach the 60th floor. The upper-floor condos have substantially higher ceilings, and it changes the scale of the homes more than you might expect from looking at the numbers online.
That distinction is particularly relevant right now because the only publicly listed condo is #6206. When I’m comparing value within the building, I wouldn’t automatically use a sale several floors below as a direct comparison without accounting for ceiling height, views, condition and the other differences between the individual condos.
You can see more about the building, its different floor plans and current availability on my Four Seasons Chicago building page.
From Inventory to Almost None
This is where the story comes full circle for me. When I wrote about the Four Seasons last year, buyers were beginning to work through condos that had been sitting. Some were dated and needed significant renovation, but buyers were seeing the value and taking on those projects.
That activity continued, and now we’re looking at a very different inventory picture. With only one condo publicly listed for sale, a buyer who specifically wants the Four Seasons doesn’t have a long list of options to compare.
That doesn’t mean every condo will sell at any price. Buyers at this level know the market, and condition and pricing still matter. But for an owner considering selling, coming to market with very little competition is a much different position than it was a couple of years ago.
What I’m Watching Going Into Q4
For me, it’s what comes to market next. We’ve watched buyers return to the Four Seasons, work through existing inventory and leave the building with very little publicly available for sale. Now I want to see how the next group of sellers responds to that.
I’ll also be watching #6206 and where the next few sales establish value, particularly on the upper floors. Three sales don’t define an entire building, but when you look at them alongside the activity of the past year and the lack of inventory today, I think the direction is worth paying attention to.
If you’re looking at Four Seasons Chicago condos for sale, or you own at 132 E Delaware and want to talk about where your condo fits into the current market, give me a call. I follow the building closely and I’m always happy to talk through what I’m seeing.
Four Seasons Chicago Q3 2026 FAQ
How many Four Seasons Chicago condos sold recently?
Three condos at 132 E Delaware sold during the three-month period covered in this update. All three were 3-bedroom condos, with sale prices ranging from $1.575 million to $1.95 million.
What were the recent sales at 132 E Delaware?
#5906 sold for $1.575 million, #5106 sold for $1.9 million and #6306 sold for $1.95 million. #6306 included two parking spaces.
Are there Four Seasons Chicago condos for sale right now?
Yes. There is currently one publicly listed condo for sale at 132 E Delaware, #6206. Current inventory can change quickly, so you can see the latest Four Seasons Chicago condos for sale here.
Are buyers coming back to the Four Seasons Chicago?
Recent activity suggests they are. When I wrote about the building in August 2025, 13 condos had sold during the previous 12 months and another three were under contract. Buyers have continued to purchase in the building, and public inventory has now been reduced to one condo.
You can read my previous Four Seasons market update here.
What is different about the upper floors at Four Seasons Chicago?
The condos on the 60th floor and above have substantially higher ceilings than the lower residential floors. That additional height changes the scale and feel of the homes and is an important distinction when comparing condos and values within the building.
Where is the Four Seasons Chicago?
The Four Seasons condos are located at 132 E Delaware Place within the 900 North Michigan complex in Chicago’s Gold Coast.
Where can I see Four Seasons Chicago condos for sale?
Current listings, building information and additional market updates are available on my Four Seasons Chicago building page.
